The Coming Crash in the Housing Market 10 Things You Can Do Now to Protect Your Most Valuable Investment

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Edition: 1st
Format: Paperback
Pub. Date: 2003-04-28
Publisher(s): McGraw-Hill
List Price: $15.70

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Summary

Today's real estate market is a house of cards--learn what homeowners can do to prepare for its pending collapseSoaring home prices and 50-year low interest rates have lulled homebuyers into a false sense of security. But plummeting consumer confidence and record-high personal debt threaten to blindside overextended homeowners and real estate investors.The Coming Crash in the Housing Marketshows homeowners how to avoid owing more to lenders than their houses are worth--known as an "underwater" mortgage--and reveals commonsense steps for protecting one's assets when the bottom falls out.In this compelling, well-documented book, renowned economic consultant John Talbot tells current and potential homeowners how to survive and thrive in tomorrow's world of slashed home values. He presents: Convincing reasons why the housing market will likely crash within two years Startling similarities between this and previous economic disasters

Author Biography

John Talbott is an economic consultant who has authored academic papers on economic growth and development and made presentations on the subject to the governments of Russia, Jordan, and Qatar. A visiting scholar at the Anderson School at UCLA, Talbott is also a former vice president in the investment banking division of Goldman, Sachs, and Company.

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